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3 SW Mckinley Avenue

Bend, OR 97702
  • $1,900,000
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 220189564
Price Reduced
$1,900,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,280
    SQFT
  • $303
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Compass Commercial Real Estate :.

Description

BIG PRICE REDUCTION! Rare multifamily investment opportunity in the heart of Bend, Oregon! A+ location in SW Bend. Value add opportunity. This 10-unit multifamily property is strategically located on 2 separate tax lots, so can be sold separately. Excellent rental history. Consistently high occupancy rates, providing steady cash flow. Long-term tenants and strong rental performance. Great Upside Potential: Opportunity to increase rents and improve NOI through professional management. Many of the rents are significantly below market. See attached documents with offering memorandum with more information including rent roll and financials.

Monthly Payment Calculator

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Cascade Sotheby's International Realty. Data last updated: .2024-11-02T23:45:43.78
www.arendsrealtygroup.com/homes/154937974
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3 SW Mckinley Avenue Bend, OR 97702

  • Price: $1,900,000
  • Status: Active
  • On Site: 54 Days
  • MLS #: 220189564
0
Beds
0
Baths
0
½ Baths
0.48
Acres
6,280
SQFT
$303
$/SQFT
1979
Built
Neighborhood:
Bend Park
County:
Deschutes
Area:
Bend
Elementary School:
Pine Ridge Elem
Middle School:
Cascade Middle
High School:
Bend Sr High
Property Description
BIG PRICE REDUCTION! Rare multifamily investment opportunity in the heart of Bend, Oregon! A+ location in SW Bend. Value add opportunity. This 10-unit multifamily property is strategically located on 2 separate tax lots, so can be sold separately. Excellent rental history. Consistently high occupancy rates, providing steady cash flow. Long-term tenants and strong rental performance. Great Upside Potential: Opportunity to increase rents and improve NOI through professional management. Many of the rents are significantly below market. See attached documents with offering memorandum with more information including rent roll and financials.
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials Frame Exterior Features CourtyardDeck Foundation Details Stemwall Lot Features [] Parking Features AsphaltOn StreetShared DrivewayParking Lot Roof CompositionMetal Window Features []

Interior Features

Appliances DishwasherOvenRangeRefrigeratorWater Heater Basement [] Cooling None Cooling YN No Fireplace Features [] Flooring CarpetVinyl Heating BaseboardElectricZoned Heating YN Yes Interior Features [] Levels One

Property Features

Accessibility Features [] Additional Parcels YN Yes Association Amenities [] Association YN No Building Area Total 6280 CCRs YN No Common Walls 2+ Common Walls Community Features [] Listing Terms CashConventionalFHA New Construction YN No Other Structures [] Property Sub Type Multi Family Road Frontage Type [] Road Surface Type Paved Security Features [] Sewer Public Sewer Short Term Rental Permit YN No Special Listing Conditions Standard Tax Annual Amount 11722 Tax Year 2023 View [] Water Source Public Waterfront Features [] Zoning Description RM

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of Compass Commercial Real Estate :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Cascade Sotheby's International Realty. Data last updated: .2024-11-02T23:45:43.78
 
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Arends Realty Group | Cascade Sotheby's International Realty
290 E Cascade Ave. PO Box 609
Sisters OR, 97759
Listing provided courtesy of Compass Commercial Real Estate :.